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HomeMy WebLinkAbout1019 2 ~ THIS IN ENTUR ~wd. 22nd d.y ot March ~~V~ n.~. ~9~4... ~+W~~ ~ E. ~ * , • Gordon . outure and Dorothy S. oqtu;e, his ~?ile~' - of St• LuCi@ County Florida, MfQiMfIN dssig~ated ~s th~ "1NORTGAGOR;' and fIRST FEDERAL SAVINGS AND IOAN ~ ASSOCIATION OF FORT PIERCE. • twpw+tion or9ani:ed ~nd ~~cisli~g uoder the laws of tM United 51at~s of Am~tiu u?d M~~np its printipal place of businsu in 1M City of Fort Pi~rc~, St. luch County, florida, hereinafter de~iynated as tM "MORTGAGEE:' ; 28 ~~0• ~ and Iewfvl mo~ey oi the U~~ted WHEREAS tht MORTGAGOR is jui~ly indebted ro tFN MORTGAGEE in the sum of s 9~~ ; State~ adwnced by ~hs MORTGAGEE unto the MORTGAGOR, as evidenced by a certain prom]ssay note oi even date herew~th, of whlch the (ollowiny In wotds and figwq is a tr~e copy, to-w~t: 10020733 = 28 ~000. 00 FoN Pierce. Florids. ~rCh 22 74 fw value receivtd, 1, we w either oF us, promise to paY, withovt defalcation, to the order of i1RST fEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIEIKE at Fort Pierce, Fbrida, the sum of s28 ~ with inte~est from date ai the rate of g• 7~ per annum, in monthly instalb ' ~,~enn ~s fo!lowi: s 231 ZOttl ~y of ~Y 19 74 arid a like sum on the carespond~np day of each month there- aftrr until the whok be fully paid. ~ Exh installment fi~st shall be ~pplied in paYment of the interest and rhen on the unpaid balance of the prindp~l sum. If default is made in the payment of any installment when due, and such default conti~ues 30 days, then st the option oi the holder, snd without any other notice, all the remaining :nstallments shall be due and payable at once. Privitege is given to prepay this ~ote in wholt a in part st ~ny time without penalty. Neither forebearance, ~ nor att~punce by the Faider thereof after ~ny defauh in any payments hereon, shall be deemed exeetRion. A late payment charge of s 11 • 55 shall be added to each installmrnt remaining unpaid 7 days after iri dus dste, and a like sum ahall be added to each such installment remaining unpaid 7 days afte? each wtceeding payment data Each maker, svrety and endorser hereof, janNy and severally, waives demand, presentment protest and notice of protesl ~or nw+payment, and further agrees to any extension of time of payment, either Fxfore w after maturity, without notice to any of us; and to pay all costs of coflection, includ;ng a reasonabk attorney's fee in the event of a~y default hereunder, and hereby seve~atly waives all benefit of homes~ead and exemption unde the constitution and iaws of each State of tF?e United States, aa aga~nst this oblgation a any exten:ion or renewal her f. t Witness the hand and seal of each party. ` f ~Au ~ . (SE/?l) G ls~?U s ro . outure ~ ( ~42 • 00 t State Revenue (Sra~ps~uac~lbrL a~orioiwl ~t~J NOW, THEREfORE, the MORTGAGOR for the purpox of securing payment of tsid sum of S.~-s ~4. ~Q and the performar+ce of ths covenann and agreements hereinafter expressed, and for divers good and valusble tonsiderations, by these presents, does grent, bsryain, sell, remise, refeax, convey and confirm unto the MORTGAGEE, its successors and aui9ns, ell that certai~ bf, piete w putel of Iand, situste, (ying, and beinp in the CaRry pf $t. Lucie ~~d State of Fbrida, dewibed as follows: L.ot 4, Block 127, POR? S2. LUCIS SEiCTION 27, according to the Plat thereof on file in Plat Book 4, at Page 5, SA thzu SI, Public Records of St. Lucie County, i FloYida, ; ~ ~ 8 € ~ i S ATE ~F FLt~R~~~~~ ~ ~ i ~,Z ~ DO~UMENTARY '~,ST.b---- - ~ ~ ~I ~ k " DEP'. UF REYfNUE =i O O i ~ ~~R° s~ 1~7~ i s ~ _ = T~~~,~~ = 4 2. ~ ~ ; h' Pe - ; i Fa ~ - : ~ o~ ~ ~rs~~ rott~~, ap. ~ . p,;,~s~ ~ ~v ~ ~ , ~ogetF~er witfi all and singvlar the tenements, hcreditsments and sppurtances thereunto belonging or in anyw~se appe~t+~ninp thaeto, and all rents, issues. ; prxeeds and profin acuuing and to acuue from s~id premises, all of which ue irxluded in the above s~d foreyoing descripYan and h~bcndum. 4 TO HAVE AND TO HOjD the sbove described and gr~nted premises unto the said MORTGAGEE, its :uocessas and auiyns fo~ever. And t!w said MORTGA~ {a th61Y ~~n, exautors, administrators snd assigns, hereby covenanri with ihe s+id MORTGAGEE, iri successors and ~ssip~s, ~ rhar -"'Qy are Iawfully sei:ed of the sa~d prem~ses in fee iunple: that the same ue free, ctear aed discharyed from sll liens and encw~? brances in law a in equiy, and tMt they W~~~ s~ their hein shall w+rtsnt and defend the title to the same to the aid ~ MORTGAGEE, its successors and~assigns, forever sgainst the lawfut claims and demanefs of sll perwm; ~ ~ PROVIDEO, AlWAYS thst if the MORTGAGOR shsll pay u~to the MORTGAGEE the promissorr note hereinbefwe dacribed snd sh+ll truly, promptly ~ and fully perfwm, d~uhsrge, execute, compkte, comply with and abide by each and every the stipulations, ayreements, condiiwns and covenanri of said ~romiuory raM +nd of this Mortgage, then this Mortgage snd the Estate hereby ae~ted shsll ce+ss and be nutl snd void• ~ IT IS UNDERSTOOD that the word "Mort9sgor" whether in the singular w plwal anywhere in this Mwty+9e, sh+ll be sinpulu if on~ only ~nd ~ shall be ptwal jointly and severally if more than one, and that the wwd "their" as used ~nywhere in this Mortgage shall be t~ken to me~n "his:• ••hen,• ~ ~ o. "in," wherever the confezt so implies or admits. Also, that wherever tF~ere is a reference in the covensn» ~nd ayreemenb herein cont+ined to ~ny of - ~ the pa.ties hereto, the same shall be const~ued to mea~ ~s well ss tFx he~rs, lega) rtpresent+tives, successas snd auigg~n (eitl+er wlumuy by act of the i ~ par~ies a imduntary by operstion of the law) of ti~e same and that the covensnts herein co~uined shall bind ~nd the bsnefi» and advant~ges inure to the respective heirs, legsl representatives, successori ~nd au~gns of the parties hereto. ' ~ And said Mortgsgors, fw themselves and fheir hein, legal representatives, successas and asig~s, hereby joiMly and severally coven~nt and syree ro and with the ssid MORTGA6EE, its successors and assigns: _ s 1. To p+y +11 and siny~lar thc principal and imerest and the various and sundry sums of money payable by virtue of said promiuory note, and this mortgye, esch and every. promptly on the days respectively the same xve~ally become dve. ~ ~ 2. To pay all snd ~inpulsr the taxes, assesunenn, levies, liabilities, obligations and eocumbrances of every n+ture and kind now on ssid dewibed i ~ property, or tMt he~eafter may be imposed, suffered. Placed, levied, a auessed thereon, w that hereafter may be lev~ed a ~ssessed upon this Mort9- j ~ ags, or tlw ird~btedness secured hereby exh and every, when due and payabk, xcwdiny ro law, before they become delinq~ent, and befon any int~resl ~ atrathes ot any penalty is inturrcd; AN~ INSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHAII 8E PROA1lPTlY SATISFIED AND DISCMARGED OF _ RECORD ANO THE ORIGIPiAI OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPi OR TME SATISFACTION PAPER OfFIC1AtLY ENDORSEO OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFiER PAYMENT; a~d in tFro event thaf any thereof is ~wt paid, sar'sfied and discharged sa:d MORTGAGEE may at any time pay the same o? any part thereof without «siving ot affedinp any opYron, lien, equity or _ ~~qht u~der or by virtue of this mongage and rhe full amount of each and eve?y suth payment shall be immedistely due and payabte a~d shall bear i~terest . irpm the d~te thereof until paid st rate of nine per centum per am+um and to9efher with syth~i~t~~st ~ 11 be secured by tix liee~ of th:• magta9e. d~,:+~ ~.~~3 ~~~f _ - a ~ =Y ~,.~=rt: ~ ~ ~ ~ ' _ 4 _ k .,C 4d a•.' ! .,t. ~'.+;2 ~ Y ~ m, I~ ~ ~ , _ .~.-K~:~ __~'~zs,t..~~, ` . „"~.YC,~- .